# PPP loan: ADVANCED ENERGY INC.
> **$243K** approved 04/07/2020 · Paid in Full · Loan `7293867010`
## Borrower
- **Name:** ADVANCED ENERGY INC.
- **Address:** 208 E MAIN ST, GENTRY, AR, 72734-8260
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $61K
- **Jobs reported:** 29
## Lender
- **Originating:** Generations Bank
- **Servicing:** Generations Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*